common currency

Definition

Monetary funds that are commonly accepted and widely used.

Use common currency in a sentence

It was a common currency and was widely used and widely believed and we all had a good idea on that one.

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The common currency in the United States is the dollar bill. John used the common currency to buy his new items.

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The type of funds which are accepted anywhere and commonly used by most people in different areas is known as common currency

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EU integrated financial market